Blockchain Group Raises €3M to Boost Bitcoin Treasury 🔥

The Blockchain Group, Europe’s first Bitcoin Treasury Company, has raised €3 million through an “ATM-type” capital increase to expand its Bitcoin holdings. Partnering with TOBAM, the firm issued shares at €4.056 each, a 1% discount, to fund the purchase of approximately 25 BTC, bringing its total to 1,929 BTC. This move reinforces its strategy to increase Bitcoin per share, aligning with global trends of corporate Bitcoin adoption. The raise highlights the growing acceptance of Bitcoin as a treasury asset in Europe. Will this spark more European firms to adopt Bitcoin treasuries?

#Bitcoin #BlockchainGroup #CryptoTreasury